Deputy superintendent details 45-day budget revision: $3.7 million revenue increase, tighter restricted fund accounting

Deputy Superintendent Jennifer Stallber presented the district’s 45-day budget revision and told trustees that revenues increased by $3.7 million compared with the figures used during budget adoption.

Stallber said the bulk of the increase is recorded as "other state revenue," including an anticipated one-third repayment of a prior reduction to the learning recovery emergency block grant and an expected student support professional development discretionary block grant payment. She also cited a small Local Control Funding Formula adjustment tied to annual ADA certification and a slight increase in Prop 28 arts-and-music funding driven by changes in unduplicated pupil percentage counts.

On expenditures, Stallber said the district added just over $500,000 in spending, primarily for medical funds ($273,000), Prop 28 program expenditures and a software contract payment for the Amplify program. She emphasized that many of the newly recognized revenues are one-time or restricted funds and have been budgeted into restricted components of the ending fund balance.

"Revenues increased 3.7 million," Stallber told the board. She said that the restricted portion of the ending fund balance rose from $6.7 million at budget adoption to $9.8 million in the 45-day revision and that the general fund projection now shows a $710,000 surplus in the near term.

Stallber noted timing uncertainty: some state funds remain subject to later certification or payment dates (P2 certification and when one-time block grant dollars are released), and the district has not assumed those dollars in multi-year projections beyond the coming year.

Trustees thanked Stallber for the clear explanation; the board proceeded to public comment and other agenda items.